David B. Juran - 06 Apr 2023 Form 4 Insider Report for Bridgewater Bancshares Inc (BWB)

Role
Director
Signature
/s/ Ben Klocke, Attorney-in-Fact
Issuer symbol
BWB
Transactions as of
06 Apr 2023
Transactions value $
$120,000
Form type
4
Filing time
07 Apr 2023, 17:14:09 UTC
Previous filing
03 Apr 2023
Next filing
30 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWB Common Stock Options Exercise $120,000 +40,000 +3.1% $3 1,330,744 06 Apr 2023 Direct
holding BWB Common Stok 86,775 06 Apr 2023 By Trust F1
holding BWB Common Stock 10,725 06 Apr 2023 By Trust F2
holding BWB Common Stock 8,532 06 Apr 2023 By Trust F3
holding BWB Common Stock 239,274 06 Apr 2023 By Trust F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BWB Option to buy Exercise of in-the-money or at-the-money derivative security $0 -40,000 -100% $0* 0 06 Apr 2023 Common Stock 40,000 $3 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of common stock are held by Mr. Juran as co-trustee of a Marital Trust dated June 18, 2002. Mr. Juran possesses shared voting and investment power with respect to the shares of common stock held under the trust.
F2 Shares of common stock are held by Mr. Juran as co-trustee of a Residuary Trust dated June 18, 2002. Mr. Juran possesses shared voting and investment power with respect to the shares of common stock held under the trust.
F3 Mr. Juran is attorney-in-fact for a trustee who holds 8,532 shares of common stock as trustee of the Revocable Trust dated January 31, 2014. Mr. Juran is not a trustee of the trust, however Mr. Juran may possess investment power with respect to the shares of common stock held under the trust.
F4 Shares of common stock are held by Mr. Juran as trustee of a Revocable Trust dated September 17, 2018
F5 Options to buy granted under the 2012 Combined Incentive and Non-Statutory Stock Option Plan.
F6 Options exercisable in 20% increments on the first five anniversaries of the date of the grant which was 1/1/2014.